Fed Cuts Interest Rate for Third Consecutive Meeting
The Federal Reserve cut the policy interest rate by 25 basis points to 4.25-4.50 percent on December 14, 2024, marking the third consecutive rate cut and a shift in monetary policy following a period of aggressive rate hikes in 2022 to combat inflation.
Fed Cuts Interest Rate for Third Consecutive Meeting
The Federal Reserve cut the policy interest rate by 25 basis points to 4.25-4.50 percent on December 14, 2024, marking the third consecutive rate cut and a shift in monetary policy following a period of aggressive rate hikes in 2022 to combat inflation.
Progress
24% Bias Score
Fed's Rate Cut Disappoints Investors, Triggers Market Downturn
The Federal Reserve cut interest rates by 0.25 percentage points to a range of 4.25%-4.5% on Wednesday, disappointing investors who anticipated more cuts after the Fed projected only two more rate cuts in 2025, down from four in September; this led to a sharp market downturn with the Dow Jones Indus...
Fed's Rate Cut Disappoints Investors, Triggers Market Downturn
The Federal Reserve cut interest rates by 0.25 percentage points to a range of 4.25%-4.5% on Wednesday, disappointing investors who anticipated more cuts after the Fed projected only two more rate cuts in 2025, down from four in September; this led to a sharp market downturn with the Dow Jones Indus...
Progress
52% Bias Score
Fed Cuts Rates Amid Inflation Concerns, Bank of England to Hold
The Federal Reserve cut its benchmark interest rate by 0.25 percentage points to 4.25%-4.5% on December 14, 2023, signaling a more cautious approach to future reductions due to rising inflation and uncertainty surrounding new trade tariffs; the Bank of England is expected to maintain its interest ra...
Fed Cuts Rates Amid Inflation Concerns, Bank of England to Hold
The Federal Reserve cut its benchmark interest rate by 0.25 percentage points to 4.25%-4.5% on December 14, 2023, signaling a more cautious approach to future reductions due to rising inflation and uncertainty surrounding new trade tariffs; the Bank of England is expected to maintain its interest ra...
Progress
40% Bias Score
Fed's Reduced Rate Cut Projections Trigger Sharp Stock Market Decline
On December 18th, 2024, U.S. stocks plummeted due to the Federal Reserve's announcement of fewer-than-expected interest rate cuts in 2025, despite cutting rates for the third time this year. The S&P 500 fell 3%, the Dow Jones Industrial Average lost 2.6%, and the Nasdaq composite dropped 3.6%.
Fed's Reduced Rate Cut Projections Trigger Sharp Stock Market Decline
On December 18th, 2024, U.S. stocks plummeted due to the Federal Reserve's announcement of fewer-than-expected interest rate cuts in 2025, despite cutting rates for the third time this year. The S&P 500 fell 3%, the Dow Jones Industrial Average lost 2.6%, and the Nasdaq composite dropped 3.6%.
Progress
52% Bias Score
Dow Plunges 1,123 Points After Fed's Hawkish Rate Cut
The Dow Jones Industrial Average fell 1,123 points (2.6%) on Wednesday, extending its losing streak to 10 days due to the Federal Reserve's announcement of only two projected interest rate cuts in 2025, defying market expectations for four and indicating tighter monetary policy.
Dow Plunges 1,123 Points After Fed's Hawkish Rate Cut
The Dow Jones Industrial Average fell 1,123 points (2.6%) on Wednesday, extending its losing streak to 10 days due to the Federal Reserve's announcement of only two projected interest rate cuts in 2025, defying market expectations for four and indicating tighter monetary policy.
Progress
44% Bias Score
Fed Rate Cut Causes Market Plunge Amid Inflation Concerns
The Federal Reserve cut interest rates by 0.25 percentage points, defying market expectations by causing a nearly 3% stock market drop, and pushing the Australian dollar to two-year lows against the US dollar due to stronger-than-anticipated economic growth and persistent inflation.
Fed Rate Cut Causes Market Plunge Amid Inflation Concerns
The Federal Reserve cut interest rates by 0.25 percentage points, defying market expectations by causing a nearly 3% stock market drop, and pushing the Australian dollar to two-year lows against the US dollar due to stronger-than-anticipated economic growth and persistent inflation.
Progress
52% Bias Score
Fed Cuts Rates by 25 Basis Points, Signals More Cautious Approach
The Federal Reserve lowered interest rates by 25 basis points, totaling a 100 basis point decrease from the peak, reflecting progress on inflation while maintaining a cautious approach to future cuts due to the strength of the US economy and labor market; Chair Jerome Powell emphasized data dependen...
Fed Cuts Rates by 25 Basis Points, Signals More Cautious Approach
The Federal Reserve lowered interest rates by 25 basis points, totaling a 100 basis point decrease from the peak, reflecting progress on inflation while maintaining a cautious approach to future cuts due to the strength of the US economy and labor market; Chair Jerome Powell emphasized data dependen...
Progress
40% Bias Score
Fed Cuts Rates Despite Inflation, Projects Slow 2025 Decreases
The Federal Reserve cut short-term interest rates by 0.25% on December 18, 2024, despite persistent inflation and a strong labor market, due to concerns about balancing the risks of inflation and economic slowdown, with future rate cuts projected to be limited.
Fed Cuts Rates Despite Inflation, Projects Slow 2025 Decreases
The Federal Reserve cut short-term interest rates by 0.25% on December 18, 2024, despite persistent inflation and a strong labor market, due to concerns about balancing the risks of inflation and economic slowdown, with future rate cuts projected to be limited.
Progress
40% Bias Score
Fed's Inflation Concerns Trigger Stock Market Plunge
Major US stock indices experienced significant declines Wednesday after the Federal Reserve indicated a slower pace of interest rate cuts for 2025 than previously expected, citing concerns about inflation remaining above the 2% target into 2026. The S&P 500 fell 2.4%, the Nasdaq Composite dropped ne...
Fed's Inflation Concerns Trigger Stock Market Plunge
Major US stock indices experienced significant declines Wednesday after the Federal Reserve indicated a slower pace of interest rate cuts for 2025 than previously expected, citing concerns about inflation remaining above the 2% target into 2026. The S&P 500 fell 2.4%, the Nasdaq Composite dropped ne...
Progress
44% Bias Score
Wall Street Plunges on Fed's Slower Rate Cut Projections and Inflation Concerns
On December 18th, Wall Street plummeted, with the S&P 500 down 2.95% and Nasdaq down 3.56%, primarily due to the Federal Reserve's slower-than-expected interest rate cut projections and persistent inflation concerns exacerbated by potential policy changes under a Trump administration.
Wall Street Plunges on Fed's Slower Rate Cut Projections and Inflation Concerns
On December 18th, Wall Street plummeted, with the S&P 500 down 2.95% and Nasdaq down 3.56%, primarily due to the Federal Reserve's slower-than-expected interest rate cut projections and persistent inflation concerns exacerbated by potential policy changes under a Trump administration.
Progress
48% Bias Score
Fed Cuts Interest Rates for Third Time, Despite Strong Economy
The Federal Reserve implemented a 0.25 percentage point interest rate cut on Wednesday, lowering the benchmark rate to 4.25%-4.5%, marking the third such reduction since September in an attempt to balance economic growth with elevated inflation; however, one official dissented.
Fed Cuts Interest Rates for Third Time, Despite Strong Economy
The Federal Reserve implemented a 0.25 percentage point interest rate cut on Wednesday, lowering the benchmark rate to 4.25%-4.5%, marking the third such reduction since September in an attempt to balance economic growth with elevated inflation; however, one official dissented.
Progress
48% Bias Score
Dow Suffers Longest Daily Decline Since 1974 Amidst Fed Rate Uncertainty
On Wednesday, the Dow Jones Industrial Average plummeted 2.6%, marking its steepest single-day fall since 1974, extending its losing streak to ten days and leading to significant drops across other major indices; this followed the Fed's revised 2025 interest rate projections and fueled concerns over...
Dow Suffers Longest Daily Decline Since 1974 Amidst Fed Rate Uncertainty
On Wednesday, the Dow Jones Industrial Average plummeted 2.6%, marking its steepest single-day fall since 1974, extending its losing streak to ten days and leading to significant drops across other major indices; this followed the Fed's revised 2025 interest rate projections and fueled concerns over...
Progress
44% Bias Score